NOT LISTED FOR SALE

Waters Edge 590 Santa Rosa Blvd Unit 405 Fort Walton Beach, FL 32548

Estimated Value: $707,000 - $808,000

2 Beds
2 Baths
1,433 Sq Ft
$714/mo HOA Fee

Last Sold January 28, 2022

Last sale price $685,000 $478 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,363/month

2 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Fort Walton Beach High School Rated A
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of January 2022

This mini three bedroom is located in the desirable Waters Edge building on Okaloosa Island. The living room and master bedroom both face the Gulf with access to the balcony offering spectacular views. There is also a bunk room that makes this unit feel like a mini three bedroom unit. This is the larger floor plan of the two bedroom units in the building. Interior features include Granite Countertops, floor to ceiling sliding glass doors to the balcony, tiled flooring throughout except bedrooms, separate shower and whirlpool tub in the master suite and much more. Water's Edge amenities include 2 seasonally heated gulf front pools, fitness center, BBQ area, and a private beach walkover. A great location not far from popular restaurants, shops and entertainment.

Last Agent to Sell the Property

Janette Klein

Scenic Real Estate License #577416 Listed on: 12/26/2021

Co-Listed By

Cynthia Lea Blanton

Scenic Real Estate License #583564

Last Buyer's Agent

Elizabeth Bell

Lokation License #3265118

Lokation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 2002

Lot Details

  • 2

HOA Fees

  • $714 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,433 Sq Ft Home
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2180-0000-4050

Community Details

Overview

  • Association fees include ground keeping, management, recreational faclty, sewer, water, cable TV, trash
  • Waters Edge Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Game Room
  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,350

Year Built

Built in 2002

Lot Details

0

HOA Fees

$714 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EVCS
  • Co List Office Phone: 850-837-4774
  • Subdivision Name: WATERS EDGE
  • Directions: On Okaloosa Island. Turn onto Santa Rosa Blvd and Water's Edged will be approximately 1 mile on the left directly on the beach.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2002
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 6
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Game Room, Pool, TV Cable, Waterfront
  • Association #2 Fee: 714.05
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 00-2S-24-2180-0000-4050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5349.92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2021
Closed on
Jan 27, 2022
Sold by
Bishop Kenneth R and Bishop Barbara B
Bought by
Stancu Ionut Mihai and Stancu Chantelle Rae
Seller's Agent
Janette Klein
Scenic Real Estate
Buyer's Agent
Elizabeth Bell
Lokation
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$761,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,005
Avg. Annual Appreciation
5.09%
Original Mortgage
$548,000
Outstanding Balance
$513,120
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$304,370

Purchase Details

Closed on
May 19, 2003
Sold by
Bella John L and Bella Deborah L
Bought by
Bishop Kenneth R and Bishop Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2002
Sold by
Mvj Of Northwest Florida Inc
Bought by
Bella John L and Bella Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,975
Interest Rate
6.3%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stancu Ionut Mihai $685,000 None Listed On Document
Bishop Kenneth R $470,000 Southern Escrow & Title Llc
Bella John L $337,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stancu Ionut Mihai $548,000
Previous Owner Bishop Kenneth R $811,641
Previous Owner Bishop Kenneth R $834,404
Previous Owner Bishop Kenneth R $260,000
Previous Owner Bella John L $303,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $685,000 -- --
01/28/2022 01/28/22 Sold $685,000 0.0% $478 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/26/2021 12/26/21 For Sale $685,000 -- $478 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,332 $620,000 -- $620,000
2023 $7,332 $550,000 $0 $550,000
2022 $6,128 $480,000 $0 $480,000
2021 $5,515 $400,000 $0 $400,000
2020 $4,911 $380,000 $0 $380,000
2019 $4,479 $330,000 $0 $330,000
2018 $4,326 $310,000 $0 $0
2017 $4,342 $302,500 $0 $0
2016 $4,248 $302,500 $0 $0
2015 $4,262 $294,000 $0 $0
2014 $4,341 $298,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887896

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2180-0000-4050